7850 S CONSTANCE Avenue Chicago, IL ^$ 810,000

7850 S CONSTANCE Avenue

^$ 810,000

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7850 S CONSTANCE Avenue

Chicago, IL, 60617

^$ 810,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 5,114

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Commercial Property for sale in Chicago, IL

for $810,000. This building was built in 1930 on a lot size of 0.13.

UNLIMITED POTENTIAL & MASSIVE VALUE-ADD OPPORTUNITY IN PRIME SOUTH SHORE! Heavy-hitting investment package featuring a 31-unit mixed-use building in a rapidly developing neighborhood. Fantastic scale with 28 residential units (24 studios and 4 one-bedroom apartments) plus 3 street-level commercial retail spaces offering high visibility and foot traffic. Perfect for an experienced investor or developer looking to execute a full renovation, add value, and stabilize for maximum cash flow or long-term portfolio growth. Conveniently situated near public transportation, major thoroughfares, shopping, and lakefront amenities. Property needs work and is being sold in AS-IS / WHERE-IS condition. Seller will not provide surveys or disclosures; real estate taxes will be prorated. Bring your vision to unlock this property's true potential!

Commercial Active

Price

^$ 810,000

Property Type

Commercial

Taxes

^$ 14,829

Style

Lot Size

0.13

Year Built

1930

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12714918

Features

General

Cooling None

Zoning OTHER

Construction Materials Brick

Year Built 1930

Electric None

Tenant Pays Varies by Tenant

Stories Count 3

Township Hyde Park

Property Subtype Mixed Use

Tax Year 2024

Gross Income 0

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status New

Directions CORNER OF 79TH AND CONSTANCE

City Chicago

Number Of Units Total 28

MLS Area CHI - South Shore

Lot Size Square Feet 5855

Tax Annual Amount 14829.81

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 50X125 APPROX

Lot Size Acres 0.13

* Excluded Features

List By

Area Wide Realty

Broker

msolszewsk@aol.com

Affordability Calculator

$6,350

Per Month

Monthly Principal & Interest: $5,114
Monthly Property Taxes: $1,236
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$944,780

Percent of Sale Price 17%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/24/2026	$810,000		Listed Price

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7850 S CONSTANCE Avenue, Chicago, IL, 60617 is a Commercial Property for sale at $810,000 with a lot size of 0.13. 7850 S CONSTANCE Avenue was built in 1930. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 7/25/2026.

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7850 S CONSTANCE Avenue

Commercial Property for sale in Chicago, IL

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